other material
confidence high
sentiment neutral
materiality 0.50
Taylor Morrison enters $50M accelerated share repurchase with JPMorgan
Taylor Morrison Home Corp
- Company will repurchase $50M of common stock under existing $500M buyback program.
- Initial delivery on Sept 27, 2024: 80% of Repurchase Price at closing price.
- Final share count based on VWAP over term less discount; settlement by Q4 2024.
- ASR agreement with JPMorgan Chase Bank; part of previously authorized program.